FDIC Certificate #: 213 Status: Inactive Closing history: Merge BIF and SAIF Funds into DIF Acquiring institution:FreedomBank (#11767) Federal Reserve ID: 284743 Date Established: October 25, 1872 WWW:http://www.postvillestatebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 168 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: April 14, 2006 Last Data Update: April 14, 2006 Data Source Date: April 05, 2012
Location
Address: 135 West Tilden, Postville, IA 52162 County: Allamakee Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Cedar Rapids Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
History of Changes
Merger - Without Assistance
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $65.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
11Total employees (full-time equivalent)
$65,917Total assets
$2,025Cash and due from depository institutions
$0Interest-bearing balances
$31,066Securities
$0Federal funds sold & reverse repurchase agreements
$27,618Net loans & leases
$388Loan loss allowance
$0Trading account assets
$379Bank premises and fixed assets
$21Other real estate owned
$4,141Goodwill and other intangibles
$0Life insurance assets
$667All other assets
$65,917Total liabilities and capital
$57,173Total liabilities
$56,704Total deposits
$51,348Interest-bearing deposits
$56,704Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$469All other liabilities
$8,744Total equity capital
$8,744Total bank equity capital
$8,744Perpetual preferred stock
$0Common stock
$100Surplus
$7,317Undivided profits
Memoranda
$1,327Noncurrent loans and leases
$2,167Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$143Earning assets
$0Long-term assets (5+ years)
$542Average Assets, year-to-date
$58,684Average Assets, quarterly
$8,048Volatile liabilities
$64,848Insider loans
$67,076FHLB advances
$3,494Loans and leases held for sale
$272Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,167Total unused commitments
$0Restructured Loans and leases
$340Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$2,418Total interest income
$1,137Total interest expense
$1,281Net interest income
$0Provision for loan and lease losses
$57Total noninterest income
$0Fiduciary activities
$22Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$968Total noninterest expense
$384Salaries and employee benefits
$63Premises and equipment expense
$521Additional noninterest expense
$370Pre-tax net operating income
$0Securities gains (losses)
$129Applicable income taxes
$241Income before extraordinary items
$0Extraordinary gains - net
$241Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$2,678Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.07%Yield on earning assets
1.92%Cost of funding earning assets
2.16%Net interest margin
0.10%Noninterest income to earning assets
1.63%Noninterest expense to earning assets
0.37%Net operating income to assets
0.37%Return on assets (ROA)
0.57%Pretax return on assets
2.87%Return on equity (ROE)
-29.01%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,404Assets per employee
5.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
1111.20%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
271.33%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.51%Net loans and leases to deposits
48.71%Net loans and leases to core deposits
51.90%Equity capital to assets
13.27%Core capital (leverage) ratio
9.50%Tier 1 risk-based capital ratio
18.41%Total risk-based capital ratio
Memoranda
$20Average assets
$64,848Average earning assets
$8,399Average equity
$59,373Average loans
Total Fiduciary and Related Assets (December 31, 2005)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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